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XRP Rise: Is It Preparing to Break Historical Highs?
Recently, XRP has been showing positive signals as it establishes a price zone of 3 USD as a solid platform. Not only that, the fundamental factors along with the actual capital flow from global financial institutions are reinforcing the belief that XRP can aim for new heights in the near future. 📊 Technical signals: The historical repeating pattern of Ethereum? On the weekly chart, the price chart of XRP is forming a pattern very similar to the Ethereum stage from 2016 to 2018. At that time, ETH moved sideways, accumulating in a narrow zone before exploding from below 15 USD to over 1,000 USD. Currently, XRP has maintained a stable price above 3.10 USD for several weeks, with strong resistance around 3.25 USD. If this level is broken, XRP could enter a strong growth cycle, similar to Ethereum's "bull run" in 2018. 🌍 Practical application: XRP goes beyond retail speculation Unlike many coins that rely solely on speculative capital, XRP is being widely used in the global financial sector. Large banks and payment organizations have been implementing the use of XRP Ledger (XRPL) in cross-border money transfer processes. Ripple is not only focused on creating a token, but is also building a payment infrastructure that directly competes with SWIFT – the international money transfer system that has dominated for decades. Ripple CEO, Brad Garlinghouse, asserts that the company aims to expand the XRPL ecosystem to capture a significant share of the international money transfer market worth trillions of USD. Thanks to the integration with fintech and new financial solutions, the transaction volume on the XRP Ledger has exploded in recent months – indicating a growing real demand. 🚀 Growth Drivers: Dual Strength from Technical and Fundamental Technical platform: XRP is steadily accumulating above 3 USD and is preparing to break through 3.25 USD. Actual demand: Financial institutions continue to experiment with and adopt XRPL, increasing confidence in sustainability. Independent upward momentum: XRP shows an upward trend that is not entirely dependent on Bitcoin or Ethereum, which is a strong sign for a distinct cycle. If this scenario occurs, XRP could completely break through the 3.65 USD mark, before heading towards new historical highs (ATH) in the coming weeks and months. 📌 Conclusion XRP is at a crucial hinge stage: it has a solid technical platform and is supported by practical applications in the global financial industry. Given the current picture, many analysts believe that the "XRP wave" could be one of the biggest stories in the cryptocurrency market this year.